|
Issue Open Date
|
03-Sep-25
|
|
Issue Closing Date
|
09-Sep-25
|
|
Application Money
|
100
|
|
Allotment Money
|
|
|
|
|
Price Band
|
52
-
55
|
|
Minimium Application No.
|
4000
|
|
Issue Size (Shares)
|
2030000
|
|
Market Lot
|
1
|
|
|
|
Objective
|
1. Funding the working capital requirements of our company; and2. General Corporate Purposes
|
|
|
|
Category
|
No. of Shares
|
No. of Shares
|
Subscription Ratio
|
|
Offered / Reserved |
Bid For |
|
Non-Institutional Investors
|
550000
|
877012000
|
1594.56727272727
|
Qualified Institutional Buyers
|
536000
|
126762000
|
236.496268656716
|
Retail Individual Investors
|
944000
|
1029836000
|
1090.92796610169
|
|
|
|
Business Description
Founded in 2015, our company specializes in an extensive array of services, including software development, Softwareas a Service (SaaS), mobile application development, information technology solutions, database management, ITenabledservices, training and development, web development, web and portal operations, e-commerce platforms,ERP and MIS solutions, Data Analytics and AI Services, Process automation, Digital Transformation as well as dataand document management storage. We also engage in reselling software products and providing business processoutsourcing and knowledge management solutions, alongside IT consulting and advisory services. Strategically, wefocus on global and Indian clients in which we serve both private and in government sector, in which we serve thelargely underserved rural markets in India—an area often overlooked by other IT firms. By forging collaborativepartnerships with state governments and gram panchayats across various regions, we are dedicated to deliveringcustomized IT solutions that effectively address the unique needs and challenges faced by these communities. OurCompany is an AWS public partner to provide cloud services to our clients.
|
|
Promoter's Holding
|
|
Total Share Capital
|
7010000
|
|
Offered to Public
|
2030000
|
|
Promoter's Holding (Pre-Issue)
|
91.67
|
|
Promoter's Holding (Post-Issue)
|
66.8
|
|
|
|
|
|
|
|
Address |
Office 301-303 A Square Plot No. 34 A D C Sector 26 Pradhikaran
Pune,
Maharashtra,
411044
Phone : 9834742794
Email : compliance@austere.co.in
Website : www.austeresystems.com
|
|
Registrar |
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B Plot 31-32 Gachibowli Financial District Nanakramguda Hyderabad
|
|
Listed at |
BSE
|
|
Lead Manager |
GYR Capital Advisors Pvt Ltd.
|
|
Promoters |
Piyush Gupta Rahul Gajanan Teni Shikhir Gupta
|
|